Dont adjust your tv sets. What youre seeing is real. Oil prices are falling and the more they fall, the more they fuel turmoil in america and around the world. 47. 43 a barrel in crude trading today. We havent seen a price this low since april of 2009. And then the world was in economic turmoil. Back then, there was a recession that sapped the worlds demand for oil. But todays story is very different. New supply, fueled in part by americas fracking boom, is out stripping the demand around the world. Ands is not so much a demand problem, but a supply problem. So far they have fallen 55 from june of 2014, and Industry Analysts warn that oil prices might have room to fall more below 30 or 40. You might be saying, im enjoying these low gas prices but im going to tell you the other side of the story. That hit u. S. Stocks that fell 1 in trading. Against this backdrop, the white house promised to veto any legislation in congress that gives the go ahead to the intentional keystone xl pipeline
Dont adjust your tv sets. What youre seeing is real. Oil prices are falling and the more they fall, the more they fuel turmoil in america and around the world. 47. 43 a barrel in crude trading today. We havent seen a price this low since april of 2009. And then the world was in economic turmoil. Back then, there was a recession that sapped the worlds demand for oil. But todays story is very different. New supply, fueled in part by americas fracking boom, is out stripping the demand around the world. Ands is not so much a demand problem, but a supply problem. So far they have fallen 55 from june of 2014 and Industry Analysts warn that oil prices might have room to fall more, below 30 or 40. You might be saying, im enjoying these low gas prices but im going to tell you the other side of the story. That hit u. S. Stocks that fell 1 in trading. Against this backdrop, the white house promised to veto any legislation in congress that gives the go ahead to the intentional keystone xl pipeline
Dont adjust your tv sets. What youre seeing is real. Oil prices are falling and the more they fall, the more they fuel turmoil in america and around the world. 47. 43 a barrel in crude trading today. We havent seen a price this low since april of 2009. And then the world was in economic turmoil. Back then, there was a recession that sapped the worlds demand for oil. But todays story is very different. New supply, fueled in part by americas fracking boom, is out stripping the demand around the world. Ands is not so much a demand problem, but a supply problem. So far they have fallen 55 from june of 2014, and Industry Analysts warn that oil prices might have room to fall more below 30 or 40. You might be saying, im enjoying these low gas prices but im going to tell you the other side of the story. That hit u. S. Stocks that fell 1 in trading. Against this backdrop, the white house promised to veto any legislation in congress that gives the go ahead to the intentional keystone xl pipeline
Be president found his nose at the american people. The house will make clear that we are rejecting his actions are it would fund most of the government through september. Cuttings central bank its forecast. The bundesbank says the economy will grow 1 next year. The government reported that german factory orders increased in october 5 times faster. Hope springs eternal. Spread over the eric garner case. A black man who died in new york after a white Police Officer used a choke hold while arresting him. The grand jury decided not to indict the officer. Many Police Departments are rethinking the way they use force. Oil prices have resumed their slide. The price of crude fell to a fouryear low. Saudi arabia has offered a discount, boosting speculation that the saudis are trying to defend their market share. In the u. S. , west texas intermediate is trading lower. Tiger woods looked a little bit rusty. Returned to and has tournaments after taking four months off with a back history. 77 in
Golf and raising campaign cash. Varney and company is about to begin. Stuart theres another problem surfacing. As the president leaves to raise money. It is the economy. Government been counters say it will expand just 15 , to something a little more positive in the april through june period, annual growth at 2. 2 but overall we are still very pessimistic about the economy. Seven of ten say the recessions impact is permanent. Only half said that in 2009 when the recession officially ended. Here is ed butowksi. Put isis of side, put Vladimir Putin aside, you look at the economy. Is there real cause for concern . People have to understand the strength of the economy converts into tax dollars so remember that if the economy is strong we hope it turns into jobs and gets us more tax revenue to offset the debt and ongoing deficit so when we dont have strength we dont have enough tax dollars. We are spending a tremendous amount of money. 600 billion we are going to be short this year so we ne